Sigma Planning Corp acquired a new position in British American Tobacco p.l.c. (NYSE:BTI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,310 shares of the company’s stock, valued at approximately $519,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BTI. FMR LLC boosted its holdings in British American Tobacco p.l.c. by 14.7% in the 2nd quarter. FMR LLC now owns 27,727,365 shares of the company’s stock worth $1,900,434,000 after buying an additional 3,557,549 shares during the period. Goldman Sachs Group Inc. boosted its holdings in British American Tobacco p.l.c. by 16.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 15,532,398 shares of the company’s stock worth $1,064,590,000 after buying an additional 2,181,462 shares during the period. Balyasny Asset Management LLC boosted its holdings in British American Tobacco p.l.c. by 817.0% in the 2nd quarter. Balyasny Asset Management LLC now owns 2,330,151 shares of the company’s stock worth $159,709,000 after buying an additional 2,076,034 shares during the period. Canada Pension Plan Investment Board bought a new position in British American Tobacco p.l.c. in the 3rd quarter worth approximately $44,862,000. Finally, APG Asset Management N.V. bought a new position in British American Tobacco p.l.c. in the 3rd quarter worth approximately $41,876,000. 5.39% of the stock is owned by institutional investors.

Shares of British American Tobacco p.l.c. (NYSE:BTI) traded down $0.04 during trading hours on Thursday, reaching $64.15. 1,551,900 shares of the company’s stock traded hands, compared to its average volume of 3,716,820. The company has a quick ratio of 0.48, a current ratio of 0.87 and a debt-to-equity ratio of 1.91. British American Tobacco p.l.c. has a 1 year low of $52.95 and a 1 year high of $73.41.

Several research firms recently commented on BTI. Investec raised shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a report on Friday, August 4th. Piper Jaffray Companies reaffirmed a “buy” rating on shares of British American Tobacco p.l.c. in a report on Monday, July 31st. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of British American Tobacco p.l.c. in a report on Wednesday, August 9th. Zacks Investment Research raised shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a report on Tuesday, August 15th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating on shares of British American Tobacco p.l.c. in a report on Friday, August 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the stock. British American Tobacco p.l.c. currently has a consensus rating of “Buy” and a consensus price target of $69.00.

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About British American Tobacco p.l.c.

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

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Institutional Ownership by Quarter for British American Tobacco p.l.c. (NYSE:BTI)

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